Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$165,464$165,464$246,150
Remaining term (yrs)22.422.430.0
Secondary amount$0$80,686$0
Funding fee$827$827$0
Note rate4.400%4.400%7.400%
Blended rate4.400%5.908%7.640%
1st payment$966.47$966.47$1,704.29
2nd payment$0.00$605.15$0.00
Taxes / mo$185.92$185.92$185.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.23
HOA / mo$32.67$32.67$32.67
Total monthly$1,335.06$1,940.20$2,122.11
Cash to close$108,036$27,350$27,350